News Archives - Page 7 of 51 - EzyLearn Pty Ltd

Posted on June 5, 2023June 5, 2023 by Steve Slisar — 2 Comments

Xero’s financial report reveals BIG loss but share price pop.

Understanding Financial Reports Training Course - Xero 2023 Write down for Planday but pop in XRO share price - QuickBooks Online, MYOB & Xero Training Courses from EzyLearn

It’s the end the of the financial year and for small businesses that means getting your affairs in order and buying things if you need them so you can claim the business expense this financial year.

Public companies that are listed on the ASX and other stock exchanges around the world report quarterly or half yearly and if you are a business owner or a share investor it’s important to understand how to read financial reports.

An interesting and relevant example is how Xero recently announced a big loss in their recent financial report but their share price sky-rocketed.

Posted on May 29, 2023October 24, 2023 by Steve Slisar — 1 Comment

Mentor Education Liquidation: Students or Creditors, Who’s More Important?

ASQA-How-to-get-a-refund-from-a-Registered-Training-Organisation-like-Mentor-Education-or-Open-Colleges-if-they-go-out-of-business-EzyLearn-MYOB-Xero-Courses

I broke the news about Mentor Education going into administration in March and mentioned some of the implications for existing students who have paid their course fees.

We’ve been contacted by some concerned Mentor Education students to see if we can help them continue their studies and get the qualifications they enrolled for. Students do have options but it looks bleak unless the new buyer lets current students continue their studies, assesses them and provide them with evidence of their competency.

Sadly for Mentor students the big question is WHO is going to help them?

Posted on May 22, 2023December 28, 2024 by Steve Slisar — 1 Comment

Xero vs HNRY + Thriday + Rounded + Parpera

Unlike HNRY Xero doesn't offer bank accounts that deducted Tax and GST payments for you - Online Xero Training Courses & Support

Would you sign up to a Xero controlled back account? Would you let Xero become your accountant or tax agent to the Australian Taxation Office (ATO)?

Does that sound strange? Imagine if Xero managed your bank account for you and made sure that all your taxes were paid for automatically BEFORE allowing you to receive your pay.

Doesn’t that “sort of” happen already with Single Touch Payroll?

If Xero had their own accountants would you go with a Xero accountant for your own business?

Posted on May 20, 2023October 24, 2023 by Steve Slisar

Poof! – and Mentor Education is gone – Oops, page not found, then Inspire Education Type Message

Only 404 errors for Xero & MYOB Courses from the Career Academy at Mentor Education website before shut down - EzyLearn Online Bookkeeping Courses

If you’ve been following what is going on with Mentor Education and my article about what happens when a company goes through voluntary administration you’ll know that Mentor was spending a lot of money on advertising courses which they hadn’t normally promoted in the past – short courses in MYOB & Xero & Payroll.

Mentor Education was a big success and quite a large RTO (Registered Training Organisation) that offered many different Cert IV and higher qualifications on their “scope”. This included the Cert IV in Bookkeeping and Accounting.

As soon as they went into administration I noticed a couple big changes.

Posted on May 3, 2023May 3, 2023 by Steve Slisar

Bookkeeping fun? Yeh, nah

failure to lodge penalties how to manage payroll in Excel online training course

I’ve often wondered why EzyLearn has become best know for MYOB & Xero Bookkeeping courses and about the students who need to do a bookkeeping course to find work. It’s not the most exciting of topics really and most students do a MYOB/Xero course because they HAVE TO, not because they want to.

When we we design the outline and case studies for our courses I’ve tried to have some fun with the accounting aspects of a business. I’m not sure about you but the best part of starting a new business is the beginning when everything is new and shiny!

Posted on May 1, 2023May 1, 2023 by Steve Slisar

Business Owners Learn MYOB & Xero with EzyLearn ANSWERS

Many accounts are affected when you pay an employee - Journal Entries - MYOB & Xero Bookkeeping Courses - EzyLearn

Business owners who need to learn how to use MYOB and Xero like the added support that is available if they have a question that relates to their own business.

Unlike Job Seekers who choose MYOB and Xero COMPLETE training courses to learn as much as they can about these bookkeeping programs, Business owners often have questions which relate to things they want to resolve in their business.

Most of the questions students have are solved as they progress through the logical order of the courses we’ve created but sometimes things get a little weird.

Posted on April 26, 2023April 26, 2023 by Steve Slisar

8 People Can Learn Xero COMPLETE For $88 ea

Corporate training and group discounts for Microsoft Office Excel and MYOB and Xero Training Courses

You read correctly! This is part of our Corporate Training pricing for Bookkeeping Certificate courses in MYOB and Xero. The price is low because it based on volume pricing. The same is true for Group Training prices for Microsoft Office Excel and Word.

You can get a further discount off the Corporate Training prices if you don’t need a Certificate at the end of your training. This option is great for business owners or small businesses who just want to get their team trained up but don’t need the evidence of a Certificate of Completion.

Posted on April 20, 2023April 20, 2023 by Steve Slisar

FREE Training Courses for Career Builders

Are you enrolling into an MYOB or Xero Bookkeeping Course or Microsoft Office Course and are currently employed? You’ll get access to some FREE Student Inclusions when you enrol into a Complete Course or Combination.

EzyLearn’s FREE Student Inclusions give students more value in their careers and the work they do and there is a different offer for you depending on your situation.

Posted on April 14, 2023April 14, 2023 by Steve Slisar

Xero Loves Our Online Support System

Work remotely in customer service using ZenDesk and Zopim - Learn Xero, MYOB, MS Office, Microsoft Excel, Digital Marketing online from home - EzyLearn

Our team were searching online for integrations between Xero and other applications and we can across an interesting discovery.

Xero love the system we use for our student support and started using it about a year later.

Posted on April 11, 2023June 5, 2023 by Steve Slisar

Employment Hero offers $100 if you’ll demo their software

Get $100 Invitation email for attending a demo of Employment Hero - Workforce Management Training Courses

A popular and well funded HR and Payroll software company, which is backed by Seek (yes, the employment site) is offering 100 to “qualified” businesses who agree to participate in a demonstration of their software.

This is an example of what companies need to do today to get in front of their prospects in business to business selling. This company is trying quickly and this tactic reminds me of the kind of marketing tactics that PayPal used to massively grow their user base. It looks like the kind of strategy that Peter Thiel writes about in his book Zero to One.

Posted on April 3, 2023April 4, 2023 by Steve Slisar

The first moment Credit Risk happens

Credit risk is the probability of not getting paid, simple. Some business owners think that just having some special clauses in their terms of trade is all they need to do but there’s more involved.

When you offer anyone credit you are entering into a whole separate debt agreement. It’s no longer just providing goods and services and the warranties which come with that. When you offer credit (to anyone, even friends) there is an expectation that the borrower will repay the loan in good faith – in other words as quickly as possible. But many things can get in the way and the credit component of the transaction can get awkward.

Posted on March 30, 2023October 24, 2023 by Steve Slisar — 1 Comment

What does voluntary administration look like?

Mentor Education ASIC notification of Voluntary Administration and Creditors Meeting - will students be notified

I wrote earlier this week about Mentor Educations fate under the hands of an administrator and it all comes down to Credit Management. The “business for sale ad” touts that they earned $5M in revenue but they appear to have a cashflow management issue. Should someone have completed EzyLearn’s Credit Management Course?

This is quite a serious matter for existing students and it is a good case study example about important steps that every business needs to take if they are giving credit. It appears that one or more of Mentor Education’s creditors did have good credit management procedures in place..

Posted on March 28, 2023March 29, 2023 by Steve Slisar — 5 Comments

Mentor appears to be going broke

Mentor Education is going broke and is for sale at Seek Business

I received an unusual email this last week about a competitor that is under administration and for sale. The receivers wanted to know if we were interested in buying the business but we’d have to pay $5,000 (refundable) to take a look at the state of their accounts and financial affairs. The strange thing is that they emailed our entire support team to share the news!!!

Mentor Education partnered with The Career Academy a couple years ago and then started advertising very heavily along with a couple other “partners” of this company. I’m not sure if these partners are aware that Daniel Hunt and The Career Academy were convicted by the New Zealand equivalent of ASQA for misleading advertising regarding accredited training…

Posted on March 26, 2023March 27, 2023 by Steve Slisar

Seen the new cheap accounting software on Facebook? FREE for 6 months, is it okke?

OKKE FREE accounting software for 6 months no online training required vs Xero - Website Image - EzyLearn

Am I a bookkeeping nerd or is everyone else also seeing these “financial” advertisements for tax lodgement, easy bookkeeping and 6 month FREE access to accounting software?

It’s interesting to see a new accounting software company appear in Australia despite the fact that many have come and gone in the past – particularly during this market downturn for technology shares! Their offer is pretty compelling though..

Posted on March 20, 2023March 20, 2023 by Steve Slisar

Deputy, KeyPay, Square Teams, QuickBooks Time Training Course NOW Available

Square-Team-Staff-Rostering-Scheduling-Workforce-Management-Software-Training-Courses-Smartphone-apps-EzyLearn

These are the market leading workforce management integrations for rostering, scheduling and time and attendance monitoring. Deputy was one of the first but the major accounting software companies are now snapping them up.

The most interesting story here has been KeyPay. I’ve loved the fact that Intuit partnered with the Australian company KeyPay to provide all of the local Australian payroll functionality in their QuickBooks Online software. Tsheets would also have been in this list but you know what happened to them..

Posted on March 18, 2023July 23, 2023 by Steve Slisar — 1 Comment

FREE Courses for Job Seekers who enrol into MYOB, Xero and Excel Complete

If you have enrolled into a course with EzyLearn be sure to check out these FREE student inclusions.

We’re creating and updating our online courses every month and we’re listening to feedback from students to understand what they need. We’re even paying EzyLearn graduates for their expertise in the work they do. If you want to see how you can earn money using your expertise check out the LIFELONG Learning Hub in the Learning Site or reach out to our support team.

Category: News